1023 Stock Chart

Those who are very bullish on CIMB and wish to take a leveraged bet on this stock, may consider CIMB-C37. One good warrant screener to use for picking warrants that fit your requirement is KLSE Warrant Screener

What is accumulation (stage 1)?
Accumulation happen when Smart Money accumulates large quantity of stocks at the lowest possible price over a period of time. This is a subtle and quiet process and usually you won't find the stock appear in top volume list.
Below are the clues of accumulation based on Volume Spread...

News of "unfavourable political ties" and foreign investors pulling out of emerging markets has sent this ticker crashing downwards despite its solid fundamentals. If we assume that the price has already bottomed out at a critical support level of 5.32, we can be hopeful of a bullish reversal towards realising its actual value over the coming weeks/months ahead.

Profile

Sector:Financials

Industry:Banks

Employees:36104

CIMB Group Holdings Berhad is a Malaysia-based provider of banking products and financial services. The Company's major business activities are categorized into three segments: Consumer Banking, Wholesale Banking and Commercial Banking. Its Consumer Banking segment provides regular banking solutions to individual customers, and it covers both conventional and Islamic financial products and services, such as residential and non-residential property loans, motor vehicle financing, credit cards and wealth management. Its Commercial Banking segment offers various products and services to small and medium-scale enterprises (SMEs) that include core banking credit facilities, trade financing, remittance and foreign exchange, together with general deposit products. Its Wholesale Banking segment comprises Investment Banking, Corporate Banking, Treasury and Markets, Transaction Banking, as well as Equities and Private Banking.